Pandemic Darlings The pandemic economy, in original documents
Home Rankings PPP lenders FirstBank Lakewood, CO

PPP lender · derived table

FirstBank (Lakewood, CO)

FirstBank, headquartered in Lakewood, Colorado, is one of three separately chartered banks that SBA's PPP loan-level file lists under that name, told apart through bank regulators' 2020–21 call-report rosters. The file's records for this bank show 20,379 loans and $1.5 billion in approved dollars, an average of $75,543 a loan. That is 0.18% of the 11,468,171 loans in our per-lender totals. Borrowers on those loans reported 172,184 jobs, 8.4 a loan, and $8,941 of approved dollars for each reported job. The FirstBank page adds the three banks together.

Totals

Headquarters (call-report roster)Lakewood, Colorado
FDIC certificate18714
Federal Reserve RSSD ID288853
SBA lender location IDs15596
Loans20,379
Approved dollars$1,539,494,875.08
Average loan$75,543.20
Share of program loans0.1777%
Rank by approved dollarsNot ranked: ranks in this archive are by SBA lender name
Rank by loan countNot ranked: ranks in this archive are by SBA lender name
Jobs reported172,184
Jobs per loan8.4491
Approved dollars per reported job$8,940.99
Borrowers17,377
Loans per borrower1.173
Lender type (archive classification)Community bank
Modeled processing fees$68,687,232.52
Modeled fees, 2020 first-draw loans$41,051,545.77
Modeled fees, 2021 first-draw loans$2,844,272.50
Modeled fees, 2021 second-draw loans$24,791,414.25
Modeled fee per loan$3,370.49
Rank by modeled feesNot ranked: ranks in this archive are by SBA lender name

Named in the archive

Archive pages are matched to lenders by name, and the name FirstBank covers three banks, so none is assigned to this bank. No court filing or source document carries the name in its title or description.

Data and method

Totals come from SBA's PPP loan-level file (FOIA release of 2024-09-30), summed over the loans whose originating-lender location IDs were matched by name, state and city to this bank in the FFIEC call-report rosters (2020 Q2 to 2021 Q4); ranks in this archive are by SBA lender name, so this page carries none. Modeled fees are computed loan by loan from SBA's published fee schedule, because SBA never published what it paid each lender. Jobs are self-reported; dollars are approved, not disbursed. The per-lender totals page has the full method.

Back to top